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Swiss-Belhotel signs Saudi property

July 10, 2016 • Alicia
Swiss-Belhotel International, certainly one of Asia’s leading mid-scale hotel operators, has added a brand new Saudi hotel project to its growing Middle East portfolio with the official signing of a 126-room hotel in Riyadh’s new financial district. Sheikh Abdallah Al Jumaiah and Khaled Al Jumaiah, president and vice chairman respectively of owning company, the Al Jumaiah Group, Gavin Faull, chairman and president and Ghassan Aridi, chief executive, Alpha Tours signed the management agreement. “As the economic capital of Saudi Arabia, Riyadh captures considerable inbound demand, and the signing of a second property gives us guaranteed city-wide coverage and access to a burgeoning corporate base to drive solid and sustained business growth,” said Faull. According to a press release issued by Sheikh Abdallah, the Al Jumaiah Group is specializing in providing...
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